Business

Nvidia to acquire $1 billion of new shares of South Korea's Naver

South Korea's Naver jumps 10% on Nvidia's $1 billion investment plan

South Korea's Naver jumps 10% on Nvidia's US$1 billion investment plan

Marcos Needs State of the Nation to Revive Philippine Economy, Presidency

A year ago, Philippines President Ferdinand Marcos Jr.’s annual address to Congress shocked the nation with revelations of billions of dollars of graft involving flood-control schemes. The disclosure triggered an economic slump as projects…

China Memory Champion CXMT Set to Debut After $9.8 Billion IPO

CXMT Corp. is set to begin trading in Shanghai on Monday after raising 66.6 billion yuan ($9.8 billion) in the second-largest initial public offering in China’s history, with potential for a first-day gain that would make it the largest…

Gold Climbs After Pause in Mideast Fighting Cuts Inflation Fears

Gold rose, after a pause in fighting between the US and Iran over the weekend eased oil supply risks and inflationary concerns.

Oil prices fall as Iran and US pause strikes over Strait of Hormuz tensions

Brent opens 5% lower after two weeks of escalating violence pushed crude to more than $100 a barrel

Inside The Six-Year Fight to Reopen a Hollywood Movie Palace

A 26-year-old actor rallied, protested and eventually cajoled a secretive family into a deal

Shein reveals slowing profit in filings ahead of Hong Kong debut

The closely held company reported a loss of $99 million in the first three months of this year, compared with a profit of $395 million a year earlier, according to a filing.

Oil prices sink, stock futures rally as U.S. and Iran pause attacks, Wall Street awaits busy week

U.S. stock-index futures rallied and oil prices tumbled on Sunday as the U.S. and Iran took a pause from fighting, and as Wall Street gears up for the Fed’s meeting and key earnings reports from Big Tech companies.

Oil Tumbles as US and Iran Pause Military Strikes: Markets Wrap

Oil dropped and US equity futures rose early Monday after the US refrained from striking Iran for a second straight night, easing concerns over disruptions to Middle East crude supplies following weeks of escalating conflict.

Latest Oil Market News and Analysis for July 27

⁠⁠Oil dropped as traders assessed Middle East supply risks, with the US pausing strikes against Iran over the weekend, while the Houthis claimed attacks against targets in Saudi Arabia.